From: PRyan101@aol.com
Sent: Wednesday, January 14, 2004 7:02 PM
To: rule-comments@sec.gov
Subject: Mutual Funds (s7-03-04)

Dear Chairman:
 
I want to express my wholehearted support for the initiatives outlined below. 
What occurred in this industry must never be allowed to happen again
 
Peter Ryan
Palm City, Fl. 
 
SEC votes unanimously for new fund proposals

o- to  recommend that mutual fund companies’ board chairman be independent. 

o-  a full three-quarters of funds’ board members would have to be outsiders, 
The public has 45 days in which to comment on the proposals.